Origin’s Largest Shareholder Turns Down Chance to Join Takeover Consortium
Origin Energy’s largest shareholder said it rejected an offer to join the Brookfield Asset Management-led consortium trying to buy the Australian power retailer and generator.
TPG Halts Talks With Vocus Over $4.01 Billion Asset Sale Amid Rival Interest
TPG Telecom ended talks with Vocus over the potential $4.01 billion sale of non-mobile fiber assets, adding that it had received interest from other investors.
Major Australian Ports Reopen After Cyberattack Halts Operations
Four terminals handling nearly 40% of the country’s imports had been offline since Friday.
SK Hynix Starts Shipping New Advanced Mobile Chips
SK Hynix has started shipping new advanced mobile chips to Chinese smartphone maker Vivo-the latest sign of recovery in global demand for memory chips.
Fitch to Withdraw Ratings on Country Garden Services
Fitch Ratings will withdraw all ratings on Country Garden Services next month, a move that comes months after it downgraded the sister company of Chinese property giant Country Garden Holdings.
ANZ’s Profit Flat, Increases Dividend
ANZ Group Holdings’ annual net profit was flat, but the bank increased its dividend even as higher interest rates impact economic activity.
‘The Marvels’ Disappoints at Box Office
The weakest opening weekend for a Marvel Cinematic Universe movie follows Disney CEO Bob Iger’s call for change at the company’s studio business.
Dongfeng Motor Group Launches Brand of AI-Powered Cars
Dongfeng Motor Group has launched a brand of so-called smartcars, joining many companies in developing vehicles using artificial intelligence.
TPG-Backed Columbia Asia to Buy Ramsay Sime Darby Health Care
TPG-backed hospital operator Columbia Asia has agreed to buy Asia-focused private hospital group Ramsay Sime Darby Health Care for 5.7 billion ringgit ($1.2 billion).
How Chipotle’s Founder Is Moving Beyond Burritos
Steve Ells returns to the restaurant industry with a new concept light on meat and long on automation.
Source: Dow Jones Newswires